Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Professional Surveys
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Upload your resume securely at https://www.dwsimpson.com
to be contacted when new jobs meet your skills and objectives.


View Poll Results: 2019 Merit Raise
x <0% 3 1.55%
x = 0% 7 3.63%
0% < x <= 1% 3 1.55%
1% < x <= 2% 30 15.54%
2% < x <= 3% 60 31.09%
3% < x <= 4% 47 24.35%
4% < x <= 5% 21 10.88%
5% < x 22 11.40%
Voters: 193. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
  #101  
Old 03-22-2019, 03:17 PM
Harbinger Harbinger is offline
Notes Contributor
CAS
 
Join Date: Feb 2005
Posts: 2,416
Default

Quote:
Originally Posted by twig93 View Post
Also, I've worked for TWO different non-government / non-union companies where they seemed almost proud that your performance review did not affect your pay (neither salary nor bonus... although aggregate company performance affected both).

Which I did not and do not understand at all. Shouldn't they want to reward high performers? From what I can see, all being a high performer nets you is more work and a slightly better chance of being promoted earlier than you would otherwise. Maybe an *extremely* slim chance at a discretionary bonus. Seems pretty backwards. Perhaps that's why they've both had high turnover and openings when I was looking for a job.
Perhaps they adopted the viewpoint of Twentieth Century Motor Company in Starnesville, WI (fictitious company and town from a a book) where they allocated bonuses based on need rather than skill, merit, worth or contribution?
__________________
har·bin·ger (här'bin-jer): One that indicates or foreshadows what is to come; a forerunner.
Reply With Quote
  #102  
Old 03-22-2019, 03:26 PM
Harbinger Harbinger is offline
Notes Contributor
CAS
 
Join Date: Feb 2005
Posts: 2,416
Default

Quote:
Originally Posted by The_Polymath View Post
He took a big pay cut when he left the normal insurance world.

Its like going from $100k to $70K to $115K
I get the math but i bet his salary is closer to my new number than yours.
__________________
har·bin·ger (här'bin-jer): One that indicates or foreshadows what is to come; a forerunner.
Reply With Quote
  #103  
Old 03-22-2019, 03:28 PM
Harbinger Harbinger is offline
Notes Contributor
CAS
 
Join Date: Feb 2005
Posts: 2,416
Default

9.3% base raise
>20% bonus as % of base. I don't want to give the real number as some people on this board know my true identity.
__________________
har·bin·ger (här'bin-jer): One that indicates or foreshadows what is to come; a forerunner.
Reply With Quote
  #104  
Old 03-27-2019, 12:44 PM
dukelampard's Avatar
dukelampard dukelampard is offline
Member
CAS
 
Join Date: Sep 2006
Studying for FCAS
Posts: 12,074
Default

Quote:
Originally Posted by Harbinger View Post
9.3% base raise
>20% bonus as % of base. I don't want to give the real number as some people on this board know my true identity.
But I want to know...
Reply With Quote
  #105  
Old 03-29-2019, 08:32 AM
Harbinger Harbinger is offline
Notes Contributor
CAS
 
Join Date: Feb 2005
Posts: 2,416
Default

Quote:
Originally Posted by dukelampard View Post
But I want to know...
You can PM me.
__________________
har·bin·ger (här'bin-jer): One that indicates or foreshadows what is to come; a forerunner.
Reply With Quote
  #106  
Old 04-05-2019, 03:39 PM
The Arbitrary's Avatar
The Arbitrary The Arbitrary is offline
Member
 
Join Date: Jan 2008
Studying for a field sobriety test
Favorite beer: Grizzly
Posts: 14,884
Default

I was told mine was a 7.5% COL increase and a -4.0% merit "change in salary". I put complaining on my list of things to do, but I only tackle that on Mondays and Tuesdays so I'll get to it eventually.
Reply With Quote
  #107  
Old 04-05-2019, 03:42 PM
twig93's Avatar
twig93 twig93 is offline
Member
SOA
 
Join Date: Jun 2003
Posts: 33,795
Default

Quote:
Originally Posted by The Arbitrary View Post
I was told mine was a 7.5% COL increase and a -4.0% merit "change in salary".
What the French? Are they like just trying to piss you off in the hopes that you'll quit?

Why not just excitedly tell you "we're giving you a 3.5% raise... yay!!!"
__________________
Originally Posted by Gandalf
The thing that is clearest is twig's advice
Reply With Quote
  #108  
Old 04-06-2019, 01:23 AM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is online now
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 49,282
Default

Quote:
Originally Posted by The Arbitrary View Post
I was told mine was a 7.5% COL increase and a -4.0% merit "change in salary". I put complaining on my list of things to do, but I only tackle that on Mondays and Tuesdays so I'll get to it eventually.
Sounds arbitrary
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #109  
Old 04-06-2019, 12:52 PM
TechnicallyAnActuary TechnicallyAnActuary is offline
Member
CAS
 
Join Date: Oct 2018
Posts: 78
Default

Quote:
Originally Posted by The Arbitrary View Post
I was told mine was a 7.5% COL increase and a -4.0% merit "change in salary". I put complaining on my list of things to do, but I only tackle that on Mondays and Tuesdays so I'll get to it eventually.
Lolwut. It sounds like they want you out of there. I'd consider looking around.
Reply With Quote
  #110  
Old 04-06-2019, 02:41 PM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is online now
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 49,282
Default

Quote:
Originally Posted by TechnicallyAnActuary View Post
Lolwut. It sounds like they want you out of there. I'd consider looking around.
It sounds like it, but technically, they don't.
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 09:23 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.46507 seconds with 10 queries